Would anyone have any advice/resources on getting up to speed owning and managing tax credit/ affordable housing

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8 hours 22 minutes ago #644830 by Jessica Wagner
Would anyone have any advice/resources on getting up to speed owning and managing tax credit/ affordable housing. Wisconsin related. Thanks in advance!
8 hours 22 minutes ago #644830 by Jessica Wagner
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8 hours 20 minutes ago #644831 by Wendy DeSchoolmeester
Check the state agency website for a compliance manual. Novogradac is a huge resource for training and checking income/ rent limits. The Tax Credit Specialist course is the best one I've taken. Good explanation of the program and set up of a site's set asides along with file compliance. Follow your compliance department's checklist and don't let it overwhelm you. Good luck!
8 hours 20 minutes ago #644831 by Wendy DeSchoolmeester
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8 hours 18 minutes ago #644832 by Megan Goodmundson
Your best bet is to make a new best friend with the compliance officer at the state housing agency. Ask them for all the training opportunities they are aware of (subscribe to their email blasts). Ask who is the leading expert/ trainer in their state (for example in Minnesota juanita pekay is one of the leading experts/ trainer. In Virginia AJ Johnson is an expert. There is likely many virtual training sessions you can take part in.
There is a good amount of free material on youtube. I used to keep a playlist of basic and intermediate LIHTC videos on youtube but I havent checked yt and updated in several years as I no longer work in affordable housing.
8 hours 18 minutes ago #644832 by Megan Goodmundson
Jeff Lawson
8 hours 9 minutes ago #644833 by Jeff Lawson
That's a huge learning curve. While I was in DMV most states have training and you can also work towards a HCCP certification. That will teach you alot.
8 hours 9 minutes ago #644833 by Jeff Lawson
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8 hours 8 minutes ago #644834 by Megan Goodmundson
Also go to novoco dot com and search for LIHTC training they have an intro to lihtc booklet and tons more.
8 hours 8 minutes ago #644834 by Megan Goodmundson